Mittal Sections Files IPO Fund Utilization Report for Q2 FY27

Mittal Sections Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, confirms the utilization of funds raised through its SME Initial Public Offer (IPO). The IPO, which raised ₹52.91 crore between October 7-9, 2025, was for equity shares. The Monitoring Agency Report indicates no deviation from the objects of the issue during the specified quarter. The company is required to submit this report as per SEBI regulations, ensuring transparency in the use of IPO proceeds.